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Land Business Update - Week Commencing 14 November 2016

Q4 2016

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Farming

Debate starts on CAP post-2020

The CAP is likely to influence UK agricultural policy once the UK has left the EU if the government wants our farmers to be on a level (or similar) playing field with European ones.

Investigations start into agri-supply consolidation

The EU has launched an investigation into the effect on competition of the proposed acquisition of Syngenta by ChemChina.

Property

Letting proposals offer hope to squashed house tenants

The government is consulting on new rules on minimum room sizes, to prevent landlords cramming tenants into unsafe and overcrowded housing in multiple occupation.

House name issues affect Flood Re scheme

A number of properties that were expected to be covered by the Flood Re insurance scheme have been excluded due to the way their addresses are recorded.

Shooting

MPs have no intention to ban driven grouse shooting

The government has said, as a result of the debate, that it has no intention of introducing a ban, but every intention of persecuting those who break the law.

Telecoms

A third of people have poor or no mobile coverage at home

The British Infrastructure Group of MPs (BIG) has found that the number of ‘not spots’ in Britain, which are areas which have coverage from at least one but not all four mobile operators, remains high. BIG has called on mobile operators to make better progress towards meeting a government target to provide 90% geographic voice coverage across the UK by next year.

Economy

Impact of the US election on the UK's trade negotiations

The US is an important export market for the UK, worth around £30bn a year, which is around 17% of our exported goods and nearly a quarter of exported services.

Business borrowing and mortgage lending rises

Lending to small businesses in September reached its highest levels since 2012, a sign that the Brexit vote has not dampened businesses investment intentions.

Better UK growth expected in 2017

The Bank of England has raised its projections for UK economic growth to 1.4% in 2017, up from the 0.8% forecast it made in August, as consumer spending has been more resilient than expected.

EU-Canada trade deal signed but…

The Comprehensive Economic and Trade Agreement has finally been signed, after opposition by French-speaking Belgium, but that is not the end of the story.

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